200ktpy LMFP project breaks ground in Yancheng, Jiangsu
2023-06-28 11:49:18 [Print]
On June 25, a groundbreaking ceremony for a number of projects was held in Xiangshui, Yancheng, Jiangsu
The first phase of the project, with a land area of 180Mu (12 hectares) and investment of RMB2.5 billion (USD346 million), will add 22 production lines with total capacity of 100,000tpy of LMFP . When the phase one becomes operational, it is expected to achieve annual sales of over RMB10 billion (USD1 . 39 billion) and create more than 100 jobs.
. The 200,000tpy LMFP cathode material project invested and developed by Qingdao Qianyun High-tech New Materials Co . , Ltd . broke ground on that day and will be built in two phases with total investmet of RMB5 billion (USD693 million).The first phase of the project, with a land area of 180Mu (12 hectares) and investment of RMB2.5 billion (USD346 million), will add 22 production lines with total capacity of 100,000tpy of LMFP . When the phase one becomes operational, it is expected to achieve annual sales of over RMB10 billion (USD1 . 39 billion) and create more than 100 jobs.